Medallion Real Estate Purchases Condo At 45 Southwest 9th Street For $1,072,500 With Ralph Garcia As Buyer's Rep
45 Southwest 9th Street
$1,072,500
$786/SF
Building Size
1,364 SF
Asset Type
Condo
Closing
May 14, 2026
AI
The transaction involves a condo located at 45 Southwest 9th Street, Unit 4606 in the Miami market. The property was sold for a total amount of $1,072,500, with a square footage of 1,364, leading to a price per square foot of $786.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,072,500
- Square Footage: 1,364
- Price per Square Foot: $786
- Buyer: Medallion Real Estate
- Seller: Bernard Wolfson
- Buyer's Representative: Ralph Garcia, PA - The Keyes Company
This transaction features Medallion Real Estate as the buyer and Bernard Wolfson as the seller. Ralph Garcia, PA from The Keyes Company represented the buyer in this deal.
Players
Miami Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.79%
Cash-on-Cash
-4.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93